Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
Subscribe to our newsletter
The suburb’s capital gain of 4.98% for the past year is higher than average compared to its 15.63% growth within a five-year period.
Also in OAKLANDS PARK, the median home price is sitting at $490,000, and the average rent at $400, this suggests property owners could potentially earn a 4.24% increase in gross rental yield.
Property investors have seen a 5.38% gain in OAKLANDS PARK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.91% growth over a ten-year period. It ranks 3090th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $490,000 | $332,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.38% | 5.06% |
| Median 12 month | 4.98% | 7.06% |
| Median 3 years | 6.06% | 15.28% |
| Median 5 years | 15.63% | 14.48% |
| 10 years average annual | 1.91% | 1.65% |
| Weekly media advert. rent | $400 | $310 |
| Time on Market | 60.3 days | 58.6 days |
| Gross Rental Yield Percent | 4.24% | 4.86% |
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
After several weeks of lockdown measures and the beginning of a gradual easing into a “new normal”, how will Sydney – one of Australia...
The week concluding 24 May has seen the highest preliminary auction clearance for the combined capital cities since early March. ...
A Perth tradesman has been fined after pleading guilty to carrying out work on a building project without adequate registration. ...
A radical plan to kickstart economic recovery post-COVID-19 could see Australians handed $50,000 for buying a new home. ...
In the race to reach the post-COVID recovery stage as quickly as possible, the necessity is to bring confidence back, writes Mathew Tiller. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
